UCO Stop Increase
This is an update to our post of October 02.
UCO is now up over 24% from our entry a month ago, after hitting a high of +30% last week.
Our stated stop level for the position is that we'd intended to sell if Crude Oil WTI traded below $42.
We now revise that condition to if Crude Oil WTI trades below $45.
If you're more conservative, you may consider a stop based on Crude WTI below $49.50
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